Is TLT About to Bottom?


For 11 of the last 17 weeks, $TLT, the iShares 20+yr treasury bond ETF has sold off and closed bearish. It lost ~16%, dropping from 101.59 to a price (as of this writing) around 85.65. It’s all time low is 80.59 and its 16 year low is 82.50 (Oct 23’). Bond yields have been climbing as of late with the 10yr hitting 4.71%. But the question I’m asking myself is if TLT is about to find a bottom? Let’…

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